What Does The Data Behind Cliffs Natural Resources Inc. (NYSE:CLF) Suggest?


Cliffs Natural Resources Inc. (NYSE:CLF) closed its last session at $7.32. The stock traded within a range of $6.97 and $7.36. The company operates in the Basic Materials sector with a market capitalization of 2.17 Million. Trading volume for Cliffs Natural Resources Inc. was 10.72 Million in its previous trading session. Currently, Cliffs Natural Resources Inc. (NYSE:CLF) has an average volume of 13.59 Million.

Company Profile

Cleveland-Cliffs Inc. is an iron ore mining company primarily in the United States. The company is a supplier of iron ore pellets to the North American steel industry from our mines and pellet plants located in Michigan and Minnesota. Cleveland-Cliffs Inc, formerly known as Cliffs Natural Resources Inc., is headquartered in Cleveland, Ohio.

Analyst Views

Cliffs Natural Resources Inc. (NYSE:CLF) touched its 1-Year High price of $12.22 on 02/23/17 and its 1-Year Low price of $ 5.56 on 06/15/17.

EPS & Financials

Cliffs Natural Resources Inc. (NYSE:CLF) reported its EPS in the last quarter as $0.23/Share beating the analyst estimate of $0.17/Share by a difference of $0.06. This showed a surprise of 35.3% in the last quarter earnings.

For the current quarter, 6 analysts are projecting a mean EPS of $-0.21/share. According to their observations and findings, the stock could provide a high EPS of $-0.15/share and a low EPS of $-0.29/share.

Analysts believe that the company has the potential to earn average revenue of $194.77 Million for the current quarter. According to their predictions high & low revenue estimates are 234 Million and 153 Million respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with HIGH volatility. Cliffs Natural Resources Inc. (NYSE:CLF) has a 20-Day average volume of 17.49 Million. According to today’s trading volume Cliffs Natural Resources Inc. is BELOW its 20-Day Avg. volume with the stock showing BELOW Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BULLISH territory while an analysis of the last 40-Day trend shows a BULLISH signal. The 100-Day trend also shows a BULLISH trend as well.

The company currently has an insider ownership of 1.7 Percent and Institutional ownership of 57.8 Percent. The return on assets stands at 2.9%, Return on Equity currently is -5.8% and the Return on Investment value is 59%.

Cliffs Natural Resources Inc. (NYSE:CLF) gross margin percentage stands at 21.9% while its operating margin for the past trailing twelve month is 11.6 percent and its overall profit margin (ttm) is 2.4 Percent. The stock is currently moving below its 20-Day Simple Moving Average of -1.19% with a 50-Day Simple Moving Average of 0.34 percent. As of today, the company has a SMA200 (200-day simple moving average) of 4.95 Percent. The Stock has YTD (year to date) performance of 1.53 percent.

The TTM operating margin for the company stands at 11.6%. The return on invested capital is at 59%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 6.48.

The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 4.95%, and has a solid year to date (YTD) performance of 1.53% which means that the stock is constantly adding to its value from the previous fiscal year end price.